Caixin Global - Latest Business and Financial News on China, U.S. Trade War and Negotiations, Breaking News, Headlines and Developments

TOP STORIES

: In Depth: EU Wind Power Probe Could Blow Chinese Expansion Plans Off Course
Subsidy investigation adds to the hurdles turbine-makers face, including challenges with funding and certification

: Charts of the Day: New Round of U.S. Tariffs to Hit Chinese Battery-Makers Hardest
China accounted for 71.5% of U.S. lithium-ion battery imports in the first quarter

Caixin Explains: How Will the U.S. Import Tariff Hikes Impact Chinese Industries?

The move will affect $18 billion worth of Chinese imports including electric vehicles, chips and lithium-ion batteries, and is part of a broader strategy said to prevent them undercutting U.S. products

: China Rolls Out Stricter Rules for Quant Trading to Curb Market Volatility
Under the new regulations, stock exchanges need to monitor program trading in real time and set up standards to identify ‘abnormal’ moves

Lee Hsien Loong: A Two-Decade Political Legacy That Earned Singapore a ‘Unique Standing’

As prime minister, Lee provided the country ‘with a voice of reason and a principled commitment to the international rule of law and the global good,’ Singaporean President Tharman Shanmugaratnam says

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Caixin Biz Roundup: Why Chinese PE and VC Firms Are Chasing Middle East Money

May 10, 2024 02:52 PM

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LATEST NEWS

: Former ICBC Vice President Arrested on Bribery Charges
Zhang Hongli also engaged in ‘superstitious activities’ and read books with ‘serious political problems,’ a corruption investigation finds
May 16, 2024 07:58 PM

: Lawrence Wong: Singapore’s New Prime Minister Seeks to Be a ‘Servant’ of the People
Known as a consumate technocrat, Wong was sworn in on Wednesday, becoming only the fourth leader of the island nation since independence
May 16, 2024 07:50 PM

: Energy Insider: Major Sodium Energy Storage Station Enters Operation, Battery Giant CATL Taps Into Shipping
Beijing aims to make EV charging ‘green’, China generated over one-third of wind and solar power in 2023 as capacity soars, coal hub Shanxi province faces $14 billion hurdle to achieving ‘just’ green transition, study finds
May 16, 2024 05:31 PM

: China Property Stocks Gauge Jumps on Proposal for Home Purchases
Beijing is considering a proposal to have local governments across the country buy millions of unsold homes, sources say
May 16, 2024 04:11 PM

: Shanghai Composite Index Rose 0.08% on Thursday
Shenzhen Component Index closed up 0.21%
May 16, 2024 03:03 PM

: Daily Tech Roundup: The Impact of U.S. Tariff Hikes, ByteDance Gets Into the AI Game
Property mogul readies bid for U.S. TikTok, Alibaba falters again while Tencent builds on its recovery
May 16, 2024 02:38 PM

: Nio to Launch More Affordable Brand in Challenge to Tesla
Onvo will target family users with its first model that directly competes with Tesla’s Model Y and Toyota’s RAV4 SUVs
May 16, 2024 01:09 PM

: Chinese Junk Bonds Jump to Three-Year High on Property Stimulus
The average price of high-yield dollar bonds has increased 2.1 cents so far this week and is set for the biggest weekly advance in seven months
May 16, 2024 12:45 PM

: CX Daily: How Will the U.S. Import Tariff Hikes Impact Chinese Industries?
A securities regulator is expelled from the party and public office. China fines KFC and other businesses for rejecting cash payments. Plus, more about Charles Li’s Micro Connect
May 16, 2024 09:45 AM

: Caixin Explains: What’s in China’s Policy Toolbox to Tackle the Ballooning Housing Stocks
The Politburo wants to reduce China’s housing inventory and stimulate home sales. How will they do it?
May 16, 2024 05:11 AM

: Singapore’s New PM Takes Office Pledging to Build Better Tomorrow
Singapore passes the baton, not just between leadership teams but across generations, says Lawrence Wong at swearing in
May 16, 2024 04:53 AM

: ByteDance Enters AI Arena with Doubao, Offering Ultra-Low Cost and Versatile Applications
ByteDance is integrating Doubao into more than 50 of its apps, such as Douyin, the Chinese version of TikTok
May 16, 2024 04:49 AM

: Fosun’s Hospital Unit Secures $41 Million Funding With IPO Promise
Shanghai Fosun Pharmaceutical Co. Ltd. intends to spin off its hospital business for a separate listing
May 16, 2024 04:24 AM

: China Allows Visa-Free Entry for Overseas Groups on Cruise Ships
Qualifying tour groups will be allowed to stay for up to 15 days and explore coastal provinces and Beijing
May 16, 2024 03:53 AM

: Property Mogul Frank McCourt Readying Bid for U.S. TikTok
Frank McCourt, an unlikely contender to buy U.S. TikTok, has said he wants to rebuild social media
May 16, 2024 03:40 AM

: China Fines KFC and Other Businesses for Rejecting Cash Payments
The central bank has hit seven companies, including a property developer, with penalties ranging from $414 to $7,600
May 15, 2024 07:33 PM

: Bribes, Booze and Books Uncovered in Veteran Securities Regulator’s Corruption Probe
An Qingsong has been dismissed from the China Futures Association for misconduct that included accepting bottles of Moutai liquor and pushing his own writing on subordinates
May 15, 2024 06:26 PM